ND Paper (02689) released its interim financial performance, with a net profit attributable to shareholders of approximately 470 million yuan, an increase of 60.6% year-on-year.

ND PAPER (02689) announced its interim performance for the six-month period ending on December 31, 2024. The revenue was 33.465 billion yuan, a year-on-year increase of 9.32%. The profit for this period was 680 million yuan, a year-on-year increase of 124.85%. The earnings attributable to equity holders of the company were approximately 470 million yuan, a year-on-year increase of 60.6%; basic earnings per share were 0.1 yuan. During this period, the group's revenue increased by 9.3% compared to the same period last year, mainly due to a 14% increase in sales volume, which offset the impact of a 4.1% decrease in average selling price.